Why is Viceroy Hotels falling/rising?

As of 25-Aug, Viceroy Hotels Ltd is currently priced at 117.65, reflecting a decrease of 0.35 or 0.3%. The stock has been experiencing a consecutive decline over the last two days, with a total drop of 1.13% during this period. Despite this recent downturn, Viceroy Hotels has shown strong performance over the past year, generating an 11.28% return, and has consistently outperformed the BSE500 in each of the last three annual periods. However, the company faces challenges with weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) of 1.52% and a high Debt to EBITDA ratio of 60.00 times. Additionally, falling participation from institutional investors, who have reduced their stake by 0.6% in the previous quarter, may contribute to the stock's recent struggles.
In the broader market context, Viceroy Hotels has outperformed the Sensex significantly over the past week and month, with returns of 9.44% and 11.77%, respectively, compared to the Sensex's modest gains of 0.45% and 0.21%. However, the stock's year-to-date performance shows a decline of 3.96%, contrasting with the Sensex's increase of 4.48%. This divergence highlights the stock's volatility and the impact of recent negative factors, including flat results in June and a very expensive valuation relative to its peers. The decline in investor participation, particularly from institutional investors, suggests a cautious outlook, which may be influencing the stock's current price movement.